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Jan 14, 2013
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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Jan 17, 2013
01/13
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art laffer, architect of the reagan tax cuts in the 1980s. good morning to you. >> good morning, bill. i'm fine. bill: blackmail, what do you say? >> blackmail! i think part of the normal checks and balances in government. when the democrats have president and controlled of the senate they don't like republicans to control their spending when. republicans are in control, democrats don't like it. it is a tool used by congress to make sure that we have fair and balanced policy going forward. the one i love, bill, if you look at "the wall street journal" today they have barack obama's speech before the senate when bush was president. and how he was going to vote against raising the debt ceiling and he made this beautiful speech, all of which is perfectly correct. it just now he is on the opposite side of the equation. it is a silly argument. bill: he went on to explain as he has see things differently as senator than president in the white house. >> of course you do. >> some conservatives argue this. i want to get your feeling on this. focus on
art laffer, architect of the reagan tax cuts in the 1980s. good morning to you. >> good morning, bill. i'm fine. bill: blackmail, what do you say? >> blackmail! i think part of the normal checks and balances in government. when the democrats have president and controlled of the senate they don't like republicans to control their spending when. republicans are in control, democrats don't like it. it is a tool used by congress to make sure that we have fair and balanced policy going...
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Jan 21, 2013
01/13
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we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha: yeah. i mean, stuart, as you point out the argument that is being waged now about really tax rerecall follow was something that conservatives offered the first time around as a good way to sort of change the system and bring in more revenues at the same time. now it looks like democrats including nancy pelosi say, no way, there is more revenue can come from this wealthy group. one of them is high-profile golfer looking to evade all of this apparently. >> the news broke this morning. talking about phil mickelson. he is california-based and he has had it with taxes. he says he is going to take dr
we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha:...
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Jan 15, 2013
01/13
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if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like his idea. there are a few other things by the way that weren't mentioned i. think something that is really critical is the overall country has been in a bunker men taplt whic mentality. which is natural. we need to get into a progrowth mentality. states that exist only to feed into the welfare society that removes the needle, that's why our gdp hasn't moved. these are gdp policies. businesses hire more people, invest in plants, it encourages work. right now we have a scenario where work is sort of discouraged and moving up in the workforce is discouraged. if you make less than $50,000 you almost would
if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like...